Pavilion Real Estate Investment Trust (XKLS:5212) Cyclically Adjusted PB Ratio: 1.15 (As of Jul. 28, 2026) — 25% Above Median

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XKLS:5212 Pavilion Real Estate Investment Trust XKLS:5212
75 GF Score
Price RM1.80
GF Value RM1.59
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Pavilion Real Estate Investment Trust Cyclically Adjusted PB Ratio?

Pavilion Real Estate Investment Trust XKLS:5212 +1.12% 75 Cyclically Adjusted PB Ratio is 1.15 as of Jul. 28, 2026, which is 25% above its 10-year median of 0.92. GuruFocus rates XKLS:5212 with a GF Score™ of 75/100 and a GF Value™ of RM1.59 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 555 REITs companies, Pavilion Real Estate Investment Trust ranks worse than 69.19% on this metric.

As of today (2026-07-28), Pavilion Real Estate Investment Trust's current share price is RM1.80. Pavilion Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was RM1.56. Pavilion Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is 1.15.

The historical rank and industry rank for Pavilion Real Estate Investment Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKLS:5212' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.78   Med: 0.92   Max: 1.29
Current: 1.14

During the past years, Pavilion Real Estate Investment Trust's highest Cyclically Adjusted PB Ratio was 1.29. The lowest was 0.78. And the median was 0.92.

XKLS:5212's Cyclically Adjusted PB Ratio is ranked worse than
69.19% of 555 companies
in the REITs industry
Industry Median: 0.81 vs XKLS:5212: 1.14

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Pavilion Real Estate Investment Trust's adjusted book value per share data for the three months ended in Jun. 2026 was RM1.399. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is RM1.56 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pavilion Real Estate Investment Trust  (XKLS:5212) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Pavilion Real Estate Investment Trust Cyclically Adjusted PB Ratio Related Terms


Pavilion Real Estate Investment Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pavilion Real Estate Investment Trust's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pavilion Real Estate Investment Trust Cyclically Adjusted PB Ratio Chart

Pavilion Real Estate Investment Trust Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.82 0.80 1.01 1.18

Pavilion Real Estate Investment Trust Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 1.18 1.18 1.11 1.09

XKLS:5212 vs SPG, O, KIM: Cyclically Adjusted PB Ratio Comparison

For the REIT - Retail subindustry, Pavilion Real Estate Investment Trust's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pavilion Real Estate Investment Trust Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Pavilion Real Estate Investment Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Pavilion Real Estate Investment Trust's Cyclically Adjusted PB Ratio falls into.


XKLS:5212
75GF Score
Pavilion Real Estate Investment Trust XKLS:5212
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pavilion Real Estate Investment Trust Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Pavilion Real Estate Investment Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.80/1.56
=1.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pavilion Real Estate Investment Trust's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Pavilion Real Estate Investment Trust's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.399/333.9520*333.9520
=1.399

Current CPI (Jun. 2026) = 333.9520.

Pavilion Real Estate Investment Trust Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.254 241.428 1.735
201612 1.297 241.432 1.794
201703 1.276 243.801 1.748
201706 1.294 244.955 1.764
201709 1.273 246.819 1.722
201712 1.300 246.524 1.761
201803 1.280 249.554 1.713
201806 1.300 251.989 1.723
201809 1.277 252.439 1.689
201812 1.309 251.233 1.740
201903 1.289 254.202 1.693
201906 1.308 256.143 1.705
201909 1.284 256.759 1.670
201912 1.309 256.974 1.701
202003 1.279 258.115 1.655
202006 1.283 257.797 1.662
202009 1.277 260.280 1.638
202012 1.267 260.474 1.624
202103 1.252 264.877 1.578
202106 1.259 271.696 1.547
202109 1.247 274.310 1.518
202112 1.265 278.802 1.515
202203 1.261 287.504 1.465
202206 1.279 296.311 1.441
202209 1.258 296.808 1.415
202212 1.329 296.797 1.495
202303 1.309 301.836 1.448
202306 1.276 305.109 1.397
202309 1.288 307.789 1.397
202312 1.350 306.746 1.470
202403 1.327 312.332 1.419
202406 1.345 314.175 1.430
202409 1.322 315.301 1.400
202412 1.371 315.605 1.451
202503 1.348 319.799 1.408
202506 1.370 322.561 1.418
202509 1.347 324.800 1.385
202512 1.399 324.054 1.442
202603 1.376 330.213 1.392
202606 1.399 333.952 1.399

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.15 mean?
Pavilion Real Estate Investment Trust (XKLS:5212) has a Cyclically Adjusted PB Ratio of 1.15 as of Jul. 28, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Pavilion Real Estate Investment Trust and its competitors. This is 25% above median its historical median of 0.92. Over the past decade, Pavilion Real Estate Investment Trust's Cyclically Adjusted PB Ratio has ranged from 0.78 to 1.29. According to the industry distribution chart, Pavilion Real Estate Investment Trust ranks #384 out of 555 companies in the REITs industry, placing it in the top 69.2%.
Is Pavilion Real Estate Investment Trust's Cyclically Adjusted PB Ratio too high?
Pavilion Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 1.15 is 25% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.29. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. Pavilion Real Estate Investment Trust's value of 1.15 is 42% above this industry median. Based on the distribution chart, Pavilion Real Estate Investment Trust ranks #384 out of 555 companies in the REITs industry, which is below the industry midpoint. Overall, Pavilion Real Estate Investment Trust has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pavilion Real Estate Investment Trust's Cyclically Adjusted PB Ratio compare to SPG and O?
According to the REITs industry distribution chart, Pavilion Real Estate Investment Trust ranks #384 out of 555 companies for Cyclically Adjusted PB Ratio. This places Pavilion Real Estate Investment Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. Pavilion Real Estate Investment Trust's value of 1.15 is 42% above this benchmark. Historically, Pavilion Real Estate Investment Trust's own Cyclically Adjusted PB Ratio has ranged from 0.78 to 1.29 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.81, Pavilion Real Estate Investment Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.81, based on 555 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pavilion Real Estate Investment Trust's current Cyclically Adjusted PB Ratio of 1.15 is 42% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Pavilion Real Estate Investment Trust and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pavilion Real Estate Investment Trust's current Cyclically Adjusted PB Ratio is 1.15, which is 25% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pavilion Real Estate Investment Trust stock overvalued right now?
Based on GuruFocus' analysis, Pavilion Real Estate Investment Trust (XKLS:5212) is currently considered Modestly Overvalued. The stock's GF Value™ is RM1.59, compared to a current price of RM1.80 — trading 13.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.15, which is 25% above median its 10-year median of 0.92 and 42% above the REITs industry median of 0.81. Pavilion Real Estate Investment Trust's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Pavilion Real Estate Investment Trust (XKLS:5212), the current Cyclically Adjusted PB Ratio is 1.15 as of Jul. 28, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pavilion Real Estate Investment Trust (XKLS:5212) Overvalued in 2026?

Based on GuruFocus' analysis, Pavilion Real Estate Investment Trust stock appears to be overvalued. The current stock price of RM1.80 is trading 13.2% above its estimated GF Value™ of RM1.59. GuruFocus considers Pavilion Real Estate Investment Trust to be Modestly Overvalued.

Key valuation signals for XKLS:5212:

  • Cyclically Adjusted PB Ratio: 1.15 (25% above median its 10-year median of 0.92)
  • GF Value™: RM1.59 vs. price of RM1.80 (13.2% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 42% above the REITs median (#384 of 555)

No single metric tells the full story. See the XKLS:5212 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pavilion Real Estate Investment Trust Business Description

Industry Real EstateREITs
Address 168, Jalan Bukit Bintang, Level 10, Lot 10.00.00, Pavilion Kuala Lumpur, Kuala Lumpur, MYS, 55100
Pavilion Real Estate Investment Trust is a REIT established with the principal investment policy of investing, directly and indirectly, in a diversified portfolio of income-producing real estate used predominantly for retail purposes in Malaysia and other countries within the Asia-Pacific region, as well as real estate-related assets. The primary objective is to provide unitholders with regular and stable distributions and achieve long-term growth in net asset value per unit, while maintaining an appropriate capital structure. The company has three reportable segments: Retail, Office, and Hotel. The Retail segment generates the maximum revenue.
75GF Score

Get the complete analysis for XKLS:5212

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM1.80
Price
RM1.59
GF Value